HDDs are slowly disappearing
According to these data, the worst performing firm on the market is Seagate, the largest member of the HDD industry trio. Seagate’s HDD shipments fell 43.7 percent last year. WDC, on the other hand, followed Seagate closely with 43.0 percent in the same period. On the other hand, the decrease in Toshiba saw 39.3 percent.
Trendfocus points out that the biggest current challenge for HDD storage manufacturers is falling demand in the enterprise cloud storage industry. The single-digit drop in sales of consumer-grade 3.5-inch HDDs isn’t bad, but it’s not enough to spark any hope. Another market analysis firm, TrendForce, gave very pessimistic news to the laptop HDD industry, saying that 92 percent of laptops sold in 2022 have SSDs, and this ratio is expected to increase to 96 percent by 2023.